Global mining practice group leader John Turner, and Fasken Martineau partner, is quoted in a story about Canada’s junior mining sector.
The week of January 19th is one that Canada’s junior mining sector was anticipating for years. In the span of a couple of days, a flood of gold financings hit the market after a run-up in the price.
“That was obviously a window. The question is whether it got hit too much,” said John Turner, head of the mining group at Fasken Martineau DuMoulin LLP. “Some of the deals were very difficult to sell. Arguably, there was too much product out too quickly.”